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HSBC agrees to sell $7.8 billion of French mortgages to Rothesay

 HSBC has agreed to sell 6.7 billion euros ($7.81 billion) worth of French home loans to British insurer Rothesay and consortium partner CCF Group, the latter said on Friday. The portfolio mainly consists of 25-year fixed rate mortgages for residential properties in France, Rothesay said. The proposed sale comes as HSBC has shrunk its presence […]